August car market holds steady as September plate change approaches


The UK new car market remained stable in August, with sales down just -1.3% compared to last year, according to the Society of Motor Manufacturers and Traders (SMMT).

In what is a typically slow month ahead of the September plate change, 84,575 cars were registered, a slight decrease of 1,082 units year-on-year.

Fleet purchases remained the primary driver, making up 60% of sales, with 51,329 units registered despite a -1.2% decline from last year.

Private buyer registrations were flat, increasing by just 0.2% to 32,110 units, while business registrations dropped significantly by -30.3%, totaling 1,136 units.

Petrol and diesel car sales declined by -10.1% and -7.3%, respectively, though they still accounted for over half (56.8%) of August’s market.

Login to continue reading

Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.



Source link

About The Author

Scroll to Top